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UBS plans to cut about 80 to 90 jobs in its European investment-banking division in an effort to...

UBS plans to cut about 80 to 90 jobs in its European investment-banking division in an effort to reduce its headcount. The cutbacks, which are likely to take place before year-end, would amount to about 17% of staff within the region’s investment-banking division and include both junior and senior bankers.
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